A total of 45,272 shares changed hands on the counter till time (IST).
Posts in category Economic Times
Cipla shares zoom nearly 10% as USFDA classifies Goa facility for voluntary action (31-10-2024)
Cipla’s shares surged 9.8% after the USFDA classified its Goa facility inspection as Voluntary Action Indicated (VAI), allowing for critical drug launches, including the Abraxane generic. Over the past year, the stock has risen 28.26%, with a 23% increase this year, despite a recent 7% decline.
Sensex falls! But these stocks are up over 10% on BSE (31-10-2024)
In the Nifty 50 index, 20 stocks were trading in the green, while 30 stocks were trading in the red.
Want to buy India’s highest-priced stock Elcid? Entry restricted in 328-member club (31-10-2024)
Shares of Elcid Investments soared by an extraordinary 6.7 million percent in one trading session, reaching Rs 2.36 lakh per share. This dramatic rise has made it India’s most highly-priced stock. Entry into Elcid’s shareholder club is limited with only 328 shareholders, and the sharp increase is due to a special call auction for price discovery.
Share market update: Most active stocks on D-Street today in terms of volume (31-10-2024)
The NSE Nifty index was trading 60.0 points down at 24280.85
Stocks to buy today: SBI, Maruti Suzuki among top 9 trading ideas for 31 October 2024 (31-10-2024)
The Indian market may consolidate amid mixed global cues with India VIX up by 6.85%. FIIs sold Rs 4,613 crore of equities while domestic investors bought Rs 4,518 crore. Key levels for Nifty 50 are 24,500 for sustaining the trend and 24,200 for support. Experts recommend stocks like Bharat Electronics, SBI, and Maruti Suzuki India for short-term trading.
RVNL shares rise 2% after securing Rs 284 crore order from East Coast Railway (31-10-2024)
RVNL shares increased 2% to Rs 474 after securing a contract from East Coast Railway to build additional rail lines. The project, valued at Rs 283.69 crore, strengthens RVNL’s position and is expected to boost revenue. RVNL also expanded internationally by creating a subsidiary in Saudi Arabia.
Buy Adani Ports & SEZ, target price Rs 1,780: Motilal Oswal Financial Services (31-10-2024)
Motilal Oswal Financial Services recommends buying Adani Ports & SEZ, targeting a price of Rs 1,780. Adani Ports is a large cap company with strong cash flows and a market share increase. It is expected to drive a CAGR of 15% in revenue and EBITDA over FY24-27, maintaining a net debt-to-EBITDA ratio of 2x.
Hot stocks: Brokerage view on L&T, Dabur and Mastek (31-10-2024)
Brokerage firms such as Bernstein, Goldman Sachs, UBS, and Macquarie have issued various ratings on L&T, Dabur, and Mastek. Bernstein rates L&T as outperform with a target of Rs 3,891. Goldman Sachs and UBS maintain neutral ratings on Dabur and L&T, respectively. Macquarie marks Mastek as outperform, targeting Rs 3,320, post positive acquisitions and strong Q2 results.
F&O Radar| Deploy Short Iron Butterfly in Nifty to play index consolidation (31-10-2024)
Nifty is attempting a bounce back after finding support near 24,000, currently facing resistance at 24,500. The short-term range for Nifty is 24,200 to 24,500. High OI suggests limited movement past these levels. Non-directional strategies like Short Iron Butterfly are recommended amid increased volatility and premiums.